Kazakhstan Stock Exchange announces decisions of annual general meeting of shareholders held on May 29, 2025

/KASE, May 29, 2025/ – Kazakhstan Stock Exchange (hereinafter – the Exchange) announces that the annual general meeting of the Exchange's shareholders was held on May 29, 2025, at which the following decisions were made: 1. To determine the quantitative composition of the counting commission for holding the general meeting of the Exchange's shareholders – three people, the term of office of the counting commission – three years from the effective date of this decision, to elect members of the counting commission. 2. To take note of the report on the Exchange's activities in 2024. 3. To take note of the Exchange's 2024 Sustainability Report. 4. To approve changes No. 2 to the Dividend Policy of the Exchange. 5. To approve the separate and consolidated annual financial statements of the Exchange for 2024 with the report of the independent auditor. 6. The Exchange's net income (profit) for 2024 in the amount of 15,449,871 thousand tenge shall be distributed as follows: 4,634,961 thousand tenge (30 %) to be used to pay dividends to the Exchange's shareholders, 10,814,910 thousand tenge (70 %) will be allocated for the development and formation of reserve funds of the Exchange and KASE Clearing Centre JSC. To determine the amount of dividend per common share of the Exchange – 4,310.67 tenge. 7. To designate Ernst & Young LLP as the audit organization of the Exchange for the purpose of auditing the annual financial statements of the Exchange for 2025. 8. To take note of the information on the amount and composition of remuneration of members of the Exchange's Board of Directors and Management Board for 2024. 9. To pay annual bonuses to members of the Exchange's Board of Directors based on the results of work for 2024. 10. To determine the number of members of the Exchange's Board of Directors – 11 people, including: three non-elected members of the Board of Directors (a representative of the authorized body for regulation and development of the financial market and financial organizations, a representative of the National Bank of the Republic of Kazakhstan on the basis of paragraph 4 of Article 84 of the Act of the Republic of Kazakhstan "On the Securities Market" and the Chairman of the Exchange's Management Board (ex officio) on the basis of subparagraph 2) of paragraph 3 of Article 17 of the Exchange's Charter); three representatives of the Exchange's shareholders; five independent directors of the Exchange. 11. To elect two additional members of the Board of Directors – independent directors of the Exchange: Bekzhan Pirmatov, Konstantin Saroyan. 12. To approve the Exchange's revised Corporate Governance Code. 13. To approve changes and addition No. 8 to the Exchange's Charter. 14. To approve changes and additions No. 5 to the Regulation on the Exchange's Board of Directors. 15. To take note of the information regarding the absence of any shareholder appeals in 2024 over actions of the Exchange and its executives regarding its activities. [2025-05-29]